This superb modern home is available to buy from as little as £123,000 with a 60% share!
This exceptionally presented home is situated in a cul de sac location in Goldborne near Warrington. The property is presented in immaculate condition with bright and spacious accommodation. On the ground floor, there is a WC and a stunning open plan kitchen/dining/living space with double doors opening on to a private read garden. Upstairs there are two spacious double bedrooms and a contemporary bathroom. At the front of the property, there is off street parking.
Golborne is a town in the Metropolitan Borough of Wigan, Greater Manchester, approximately 6 miles north east of Warrington. Within half a mile of the property there is a local convenience store, post office and pharmacy. Lidl is also within easy reach. A wider range of amenities can be found in Warrington which is approximately 10 minutes away by car. Warrington provides shopping centres, retail parks, museums, nightlife, and excellent transport links.
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £80,000 • You have a deposit of at least 5% of the share value • You do not own another property or have your name on the deeds or a mortgage for a property worldwide. • This will be your only residence. • You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £205,000 and a purchaser would not need to meet the eligibility criteria listed above.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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